“Credit Counseling” and “Commercial Counseling” services are two completely different things. Before you sign any papers that end up causing you even more financial harm, you better know who you are dealing with!
Whereas credit counseling services are generally non-profit, commercial counseling services (clinics) may charge you 10%-15% or more of your total debt. Meanwhile, the services provided by the non-profit agency are basically the same.
Just about everyone at one time or another has experienced some kind of problem with their cash flow. That’s when it became difficult to pay the monthly bills and keep up with credit obligations. When that happens, damaging information may begin to appear in your credit file, and bad times can become even worse.
For many people it becomes difficult, if not impossible to obtain any further credit, just when there is a desperate need for it. Unfortunately, banks, lenders, and other creditors do not extend credit on the basis of need. Credit can swiftly be taken away form anyone who cannot demonstrate they are a good credit risk.
Most people can be successful in overcoming credit rejections that have resulted due to damaging information showing up on a credit report. The problem that most people run into, is that they become desperate and will resort to anything and anyone that comes
along with false promises. Then they find themselves in deeper trouble because they’ve handed out more money they don’t have, to a crook who gives them nothing in return.
Giving you a grand-slam, clean-credit slate doesn’t happen by accident. There are a number of techniques and methods that can be utilized to create or restore a good credit record. For more information and to get your "DIY" DO It Yourself Credit Repair Kit go to www.credithelp21.com don't wait.
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